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another foot of snow it would be just like washington. and again, i've been a longtime friend and admirer of warren and he was a pillar and source of strength for me during the credit crisis. warden was referring to something in the book i was not a model of maturity when i was a senior at dartmouth college and by first data with wendy we were at the boston box and she wasn't impressed when i made my beeper plan. >> did you hit them? >> nope, but she gave me another chance. >> didn't she go home early that night? >> yeah, she went home early that night. >> fortunately he got a second chance. tell us a little bit about -- hank says in the book i'm a tough guy. i forget at what point he said that but he was a rustler in high school and was a tackle and everything but win the president asked him to become secretary of treasury and hank's initial reaction was how to do it but he decided to do it but he had one big worry and i think the crop might be interested in knowing what makes a grown man trembled. [laughter] >> warren is talking about m
another foot of snow it would be just like washington. and again, i've been a longtime friend and admirer of warren and he was a pillar and source of strength for me during the credit crisis. warden was referring to something in the book i was not a model of maturity when i was a senior at dartmouth college and by first data with wendy we were at the boston box and she wasn't impressed when i made my beeper plan. >> did you hit them? >> nope, but she gave me another chance. >>...
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Apr 2, 2010
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you were asked to testify in washington for ratification, not on the basis of what the obama administration will argue but in terms of what would you would argue is in the interest of the united states, skeptical democrats and republicans, what would you say to that senate committee? >> i think russia has to be more constructive on the subject of joint ballistic missile defense. "until now, -- up until now, russia has made some agreements but there is a widespread impression that this group assessment of threats and whatever is done in joint ballistic missiles has, for russia, lever to put the brakes on an american program. i think it is time to come out with new proposals. maybe you think what vladimir putin proposed on on the joint data center on mitchell -- missile launchers but also move forward whe. vladimir putin and president medvedev proposed that we have to have joint missile defense with the united sates and the european union. how about the russian people living in asia. ? are they entitled to protection or not? many people are going away from that but still, if we are to have ba
you were asked to testify in washington for ratification, not on the basis of what the obama administration will argue but in terms of what would you would argue is in the interest of the united states, skeptical democrats and republicans, what would you say to that senate committee? >> i think russia has to be more constructive on the subject of joint ballistic missile defense. "until now, -- up until now, russia has made some agreements but there is a widespread impression that...
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is there a conference on hydrodynamics in the washington, d.c. area this week? what the hell is magnet hydrodynamics do i hear you ask? well, it's complicated but it could relate to centrifuges which enrich uranium. back in 1974, there was such a conference here. and it was attended by one dr. a. q. khan representing not pakistan but the netherlands. who noticed? probably nobody who should have noticed. it's not clear anybody should have noticed at that time at least anyway. but it illustrates the extent of the challenge between allowing the normal academic discourse that we pride ourselves on and what can be done with the knowledge acquired. thank you. [applause] >> thank you. i now switch hats and chair the event. and we open up for a q & a session. but i will do that normal cheeky thing which is to use my temporary position of power to ask the first question. -- questions. ambassador, was there ever a time -- was it ever possible to have stopped iran? i know it would just be agreeing. but if you could look back and decide that you were going to be an extraord
is there a conference on hydrodynamics in the washington, d.c. area this week? what the hell is magnet hydrodynamics do i hear you ask? well, it's complicated but it could relate to centrifuges which enrich uranium. back in 1974, there was such a conference here. and it was attended by one dr. a. q. khan representing not pakistan but the netherlands. who noticed? probably nobody who should have noticed. it's not clear anybody should have noticed at that time at least anyway. but it illustrates...
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karzai is going to be at the nuclear summit in washington next week -- [inaudible] >> sorry? [inaudible] >> that was the reference to the may 12th separate meeting. okay. >> this is still on as of today. that's what robert gibbs said this morning at the gaggle. >> well, obviously one of the core problems we face in afghanistan is the competitive instincts of pakistan and india. and so i would have to think that with both of the leaders here next week, that that may be a point of discussion hopefully. with the upcoming -- the planned offensive in kandahar, you know, ambassador eikenberry was here recently. and his comment was, you know, this is one part political -- excuse me, one part military, five parts political. the one part military, the afghan leadership is likely to support. the five parts political, big, big question mark. >> welcome to the bipartisan nonideologically driven center for strategic for international studies. right over here. >> francine kiefer from the "christian science monitor." i would like to go back with the reset of russia subject. could you talk a
karzai is going to be at the nuclear summit in washington next week -- [inaudible] >> sorry? [inaudible] >> that was the reference to the may 12th separate meeting. okay. >> this is still on as of today. that's what robert gibbs said this morning at the gaggle. >> well, obviously one of the core problems we face in afghanistan is the competitive instincts of pakistan and india. and so i would have to think that with both of the leaders here next week, that that may be a...
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interesting to see how the white house six is the term to the public during next week's summit here in washington d.c. i would suggest that to some states, nuclear security is the possession of nuclear weapons. two other states, it is the protection offered by allies such as the united states, which have nuclear weapons. on the civil side, it might well be the energy security offered by civilian nuclear power plant. nuclear science has much to offer on the positive side, but it also carries considerable risk that nuclear weapons being in the wrong hands of rogue states or terrorist groups. and again on the civil side, even civil nuclear power plants carry risks of radiation accidents or theft to dangerous materials. it might appear that awkward people would think the same way on this issues, but i suspect it is not the case. i've been told that significant agreement at next week's summit will be in safeguarding nuclear materials, particularly what are known as fissile materials like plutonium and highly enriched uranium, the explosives inside atomic bombs. the particular danger is that terrorists
interesting to see how the white house six is the term to the public during next week's summit here in washington d.c. i would suggest that to some states, nuclear security is the possession of nuclear weapons. two other states, it is the protection offered by allies such as the united states, which have nuclear weapons. on the civil side, it might well be the energy security offered by civilian nuclear power plant. nuclear science has much to offer on the positive side, but it also carries...
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Apr 2, 2010
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we are based in washington d.c. and i think you just add the web page up? >> host: we did. we have our own web page which we have more information about consumer access and a particular link to this issue of changing service from six down at five days of people have questions or comments or information to share with us we would really like to have it your to make the most aggressive effort we have had to date to get their imports station but on this very important change we went with all the information we can get as to get the information how to proceed. >> host: how is the commission funded? >> guest: we get its funding which is minuscule from the postal service. we get some of our operating funds through the postal service but they're actually voted on by congress though they could change that financial system if it wanted to do. >> host: connecticut. >> guest: we have 70 employees and a budget of $14 billion and i think we work really hard to make every one of those dollars worthwhile to the american public. >> host: connecticut is next as a talk about the future of the
we are based in washington d.c. and i think you just add the web page up? >> host: we did. we have our own web page which we have more information about consumer access and a particular link to this issue of changing service from six down at five days of people have questions or comments or information to share with us we would really like to have it your to make the most aggressive effort we have had to date to get their imports station but on this very important change we went with all...
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Apr 18, 2010
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the unknown factor is not what washington wants. i think washington has made their decision. that the risks and the costs of an attack on iran are too high. and the reason it's too high is not because it is not militarily executable, and i think it would be put back like a bit more, but because the iranian response will be threefold, unleashing hezbollah, de- stabilizing iraq, they are raising high, here we are. and mining the straits of hormuz, and when they mine the straits of hormuz, we have done a very careful caregivers of the cost of oil and it comes out at lots. when the united states takes a look at what iran has, it's a no-brainer. let it go. when israel takes a look at the same equation, they come up with a much more complex and difficult answer. in this particular case, israel does not have the military capability of taking out israeli nuclear weapons. ask an israeli. the route is israeli air force can't conduct a multi-we campaign. they can however launch nuclear weapons. the threat of israel launching nuclear weapons will push the united states into an impossible
the unknown factor is not what washington wants. i think washington has made their decision. that the risks and the costs of an attack on iran are too high. and the reason it's too high is not because it is not militarily executable, and i think it would be put back like a bit more, but because the iranian response will be threefold, unleashing hezbollah, de- stabilizing iraq, they are raising high, here we are. and mining the straits of hormuz, and when they mine the straits of hormuz, we have...
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next week he hosts a nuclear security summit here in washington. that's expected to be attended leaders of over 40 nations. a panel now previews these events at a forum hosted for the center of strategic and international studies. it's an hour. >> i'm andrew schwartz. i'm vice president for external relations here at csi. i'm joined by my colleagues whom i'll introduce in a minute. this briefing will be available later on facebook today. it's also available video and audio and transcript on csis.org. and with that we'll get started. also for you itunes users, this will be on the beyond the campus section on itunes university. my colleagues andrew kuchins, sharon squassoni and janusz bugajski are some of the top experts in the world with this region. and they've got a lot to say about various things that are associated with this visit. in addition, you'll find before you an example of our critical questions. and this is -- i'll like to introduce my colleague, dr. andrew kuchins. >> it's a great pleasure to be here. and thanks for joining us this mor
next week he hosts a nuclear security summit here in washington. that's expected to be attended leaders of over 40 nations. a panel now previews these events at a forum hosted for the center of strategic and international studies. it's an hour. >> i'm andrew schwartz. i'm vice president for external relations here at csi. i'm joined by my colleagues whom i'll introduce in a minute. this briefing will be available later on facebook today. it's also available video and audio and transcript...
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holocaust memorial museum here in washington is the host of this two-hour talk. >> good afternoon and welcome to today's program, "jewish responses to persecution, volume i, 1933-1938". which is organized by the museum center for advanced holocaust studies. my name is robert and i director of university programs here at the center. to learn more about the activities including the centers, please take advantage of the mature is available in books for sale outside the theater. in 2003 the center and doctorate its jewish study initiative. this effort aims to finally change the way in which the holocaust is dented, todd and ultimately understood that by focusing attention on the survival and study of jewish source materials, and activities during the nokia, as well as remarkable efforts to rebuild the jewish world after the war, this addition of attempts with the study of jewish life. during and immediately following the period of the assault. this afternoon we will seek the fruits of the labor. the first point of the series, "jewish responses to persecution, volume i, 1933-1938". the fir
holocaust memorial museum here in washington is the host of this two-hour talk. >> good afternoon and welcome to today's program, "jewish responses to persecution, volume i, 1933-1938". which is organized by the museum center for advanced holocaust studies. my name is robert and i director of university programs here at the center. to learn more about the activities including the centers, please take advantage of the mature is available in books for sale outside the theater. in...
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i will say this though, in the end, i say that by the time i finished in washington, my mother had a different opinion of george w. bush. but, it is not a good way to start off in wendy was not much happier with me. 's be one of the most interesting things i found in the book and i had not heard a word about this before, was your account of how some top russian officials had gone to some top chinese officials with the suggestion essentially that they start dumping their bombs up probably freddie and fannie at that time. that almost sounds like a bear raid. i thought that was the sort of thing that just the evil guys on wall street did you tell me about that. >> it never happened, but we are very, very concerned about stabilizing fannie and freddie because as warren said, there were 5.4 jillion dollars of securities that were either insured or issued direct we buy these institutions. they were highly leveraged institutions, and the securities were held i think about 1.7 trillion.ñr the biggest portion was inside the u.s., and we had gone-- i have been trying to get reform legislation
i will say this though, in the end, i say that by the time i finished in washington, my mother had a different opinion of george w. bush. but, it is not a good way to start off in wendy was not much happier with me. 's be one of the most interesting things i found in the book and i had not heard a word about this before, was your account of how some top russian officials had gone to some top chinese officials with the suggestion essentially that they start dumping their bombs up probably...
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in some ways iraq has skewed the way washington analyzes who is up and who is down. it looks much different underground and where the interest lies. i suppose you can argue and it is interesting fact the two big she of course, is in the region in the most successful so far are the standard bearers of some sort of arab nationalism the crop border never mind the borders and these are all historical forces and things that have to happen mysia population by sheer number must be taken into account the same way that i argue that the powerhouse to have power-sharing because they don't live on an island but the truth is that i think it would be a wise move for the government in iraq to ask the saudis exactly how or you treating your shi'ites' if you care so much about how we treat our sudanese and that is where the majority population are shi'ites how are you treating yours? those are questions that have to be answered and they are so acute lead on the table that it it would be a stabilizing move to do that whether that happens are not i am not sure. >> host: you raise a goo
in some ways iraq has skewed the way washington analyzes who is up and who is down. it looks much different underground and where the interest lies. i suppose you can argue and it is interesting fact the two big she of course, is in the region in the most successful so far are the standard bearers of some sort of arab nationalism the crop border never mind the borders and these are all historical forces and things that have to happen mysia population by sheer number must be taken into account...
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why do you think that there is difficulty in washington with the republicans supposedly at least a segment of them advocated free markets? is it because they are beholden to the larger interest and are not representing that? how do you go about dealing with the fact considering we want to bring together the two sides and this might be possible if it were not for the politicians. >> i take the second question first. why if there is so much support in principal from left and right and center why does it not have more traction? and i think we will get there. right now it is the power of the lobby that it's tremendously strong. i think we've had this before teddy roosevelt faced lobbies the were just as strong, different form but nelson aldrich for example who was the dominant force in the senate on these issues in the first decade of 20th century his daughter married john d. rockefeller's son the republican party which was teddy roosevelt's party was very tight with business and i would stress one reason we wrote the book and one reason i give these talks is that the business sector -- it's n
why do you think that there is difficulty in washington with the republicans supposedly at least a segment of them advocated free markets? is it because they are beholden to the larger interest and are not representing that? how do you go about dealing with the fact considering we want to bring together the two sides and this might be possible if it were not for the politicians. >> i take the second question first. why if there is so much support in principal from left and right and...
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this is about 30 minutes. >> [inaudible conversations] >> in afternoon and welcome to the washington institute for near east policy. my name is simon, i'm the picture of fellow and director of the gulf of program here. it also forced me today to chair this session, one of the caris occasions year when a also a speaker so i hope i will get the bounce right. if i have to disagree with one on either side of myself. [laughter] with me today to address this very important topic of too little too late nuclear security in the middle east, gregory schulte and george perk of it, gregory schulte is currently the senior visiting fellow at the national defense university center for the study of weapons of mass destruction. there's no way to get that on one on. [laughter] from 2005 to 2009 he served as the u.s. permanent representative at the international atomic energy agency in vienna. george who i have the honor of listening to this morning as he was doing in a gig at his home carnegie endowment is the vice president for sundays and director of the nuclear policy program at the carnegie endowm
this is about 30 minutes. >> [inaudible conversations] >> in afternoon and welcome to the washington institute for near east policy. my name is simon, i'm the picture of fellow and director of the gulf of program here. it also forced me today to chair this session, one of the caris occasions year when a also a speaker so i hope i will get the bounce right. if i have to disagree with one on either side of myself. [laughter] with me today to address this very important topic of too...
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i was the moscow bureau chief for the "washington post." i was able to explore, to roam, to ask questions. and i also asked myself, how did it gets this way? this began a long research effort to roll back the clock. and to understand how the fissile material, the pathogens, the chemicals got so widely spread. and in the process of that research, i got very lucky one day. i discovered the papers from the kremlin. he was a professional staff member in the central committee. he passed away in 2001. but i was doing my research i found out he left behind a large amount of documents from the time that he served on the central committee as a staff member. he was in the defense department, which was responsible for the entire military industrial complex. and he was one of those fellows who lived by the power of his pencil. and his pen. he filled dozens of large notebooks with notes every day of technical details, things that had happened in the kremlin. arms control. weapon decisions. and what's so fascinating about this archive which will be avail
i was the moscow bureau chief for the "washington post." i was able to explore, to roam, to ask questions. and i also asked myself, how did it gets this way? this began a long research effort to roll back the clock. and to understand how the fissile material, the pathogens, the chemicals got so widely spread. and in the process of that research, i got very lucky one day. i discovered the papers from the kremlin. he was a professional staff member in the central committee. he passed...
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this position was then reiterated today in "the washington post" op-ed. what incentives to individuals have to purchase insurance they know the irs won't be checking and will be seeking to collect individual mandate penalties? >> we will be looking, mr. brusquely. we will be corresponding with people whether that triggers examination or not it is going to depend on a given case. it's not likely what my boss was saying that is not the kind of case that we send out an agent to pursue it is the kind of case we correspond with a taxpayer congress limited the tools we can use but we will be talking to the taxpayer and we do have a refund offset mechanism in order to enforce the provision. that is in our toolbox. >> let me give you this, some idea something could happen, so if you have matching which is one of the ways of checking if an individual doesn't purchase health insurance and it wouldn't be receiving anything from the insurance company and also has no filing requirement with the irs with the irs the match against? >> again that is senator roberts quest
this position was then reiterated today in "the washington post" op-ed. what incentives to individuals have to purchase insurance they know the irs won't be checking and will be seeking to collect individual mandate penalties? >> we will be looking, mr. brusquely. we will be corresponding with people whether that triggers examination or not it is going to depend on a given case. it's not likely what my boss was saying that is not the kind of case that we send out an agent to...
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their is a lot of political debate b ate in washington about the chinese and americans. my reality is action speaks louder than words. i see their leadership in renewables and these other areas. it says a lot more to me about them building a bridge to look green than all of the chattering we're doing in washington about cap and trade. >> let's go to questions. raise your hand and someone will give you a microphone. let's try to make sure their questions. >> yes. my question is -- >> say who you are. >> i'm chris bentley. i am with the white house. i am an intern there. all of you have mentioned there is a role for government. each of you seem to have a different perspective on that, but i am just curious. i don't really feel like i have gotten any clear-cut answers as far as what the government should do given the fact that congress is built on individuals who are really concerned about getting reelected. i would love some comments about that. what do we need to do to make sure that the government makes these changes that you all want >> short answers. already talked a l
their is a lot of political debate b ate in washington about the chinese and americans. my reality is action speaks louder than words. i see their leadership in renewables and these other areas. it says a lot more to me about them building a bridge to look green than all of the chattering we're doing in washington about cap and trade. >> let's go to questions. raise your hand and someone will give you a microphone. let's try to make sure their questions. >> yes. my question is --...
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this is our local bookstore here in washington and real was like to start off every book speed of the right or their friends. thank you for coming out tonight. we appreciate it. let me start on a somber note. that i hope will turn out to be a liberating reflection. i believe we may be at a seminal turning point* in the history of our species, may be. two events in the past 18 months signal the end of the great industrial revolution. by fossil dealers. let's go backy 2008. you recall that peaked at $147 per barrel prices soared. inflation roared and basic stuff from food to petro may be prohibited. there were food riots in 30 countries. and consumer purchasing power literally plummeted. that was the economic meltdown. the financial collapse 60 days later was the aftershock. that nobody seems to make the connection. what happened in july 2008? to understand why the industrial revolution collapsed that month, we have to go back 21979. we have to look at a steady done at peak oil per capita do not confuse this with the oil production but in 1970 to be distributed all the oil that existed
this is our local bookstore here in washington and real was like to start off every book speed of the right or their friends. thank you for coming out tonight. we appreciate it. let me start on a somber note. that i hope will turn out to be a liberating reflection. i believe we may be at a seminal turning point* in the history of our species, may be. two events in the past 18 months signal the end of the great industrial revolution. by fossil dealers. let's go backy 2008. you recall that peaked...
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this is what the book is saying, washington politicians have put us on a road to to decline. they are taking america in the wrong direction. this massive growth of government, inability to deal with government, failure of schools kafeel leer of the immigration system to welcome the best and brightest of innovators to the country and open borders to those helping america's strength all of these elements together or in periling the future. my optimism flows in the fact the american people when confronted with the truth to the right thing. i think that you are seeing that happen to be the reason the tea party of this gathering and expressing their views as they say that they've been the silent majority too long. it's time to speak up and that is a movement which gives me some encouragement. the people are paying attention and recognize the consequences of continuing down this washington driven past, those consequences are not good for the country. >> host: do you fear the tea party movement passion might lead them away from someone who's a businessman who had the kind of massach
this is what the book is saying, washington politicians have put us on a road to to decline. they are taking america in the wrong direction. this massive growth of government, inability to deal with government, failure of schools kafeel leer of the immigration system to welcome the best and brightest of innovators to the country and open borders to those helping america's strength all of these elements together or in periling the future. my optimism flows in the fact the american people when...
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my reaction to this sort of question and you hear it often in washington, washington is amazing city because of certain subjects we simply can't discuss and there are other subjects which are so popular and this is one of the frequent questions how can the palestinians quote if they are divided. are they so exceptional? the middle east is desperately divided. even in europe is divided on so many crucial issues. the united states itself is divided on so many crucial issues. i think we have to be careful not to take a patronizing tone with them. people have a constellation of different views i think the egyptian government must be pleased for wasting and sparing no effort to try and bring to the sites together. eventually this may well succeed. we hope they succeed the palestinians in sorting out the differences but is it so exceptional that we must place it higher upon the issues that require the urgent treatment? i.t. we as a people more generally -- when you look at the planet one can remark that a few took a treaty negotiated contractual treaty negotiated in the immediate aftermath
my reaction to this sort of question and you hear it often in washington, washington is amazing city because of certain subjects we simply can't discuss and there are other subjects which are so popular and this is one of the frequent questions how can the palestinians quote if they are divided. are they so exceptional? the middle east is desperately divided. even in europe is divided on so many crucial issues. the united states itself is divided on so many crucial issues. i think we have to be...
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now this is a subject when i got to washington i wouldn't touch with a 10 foot pole. because as -- it was i guess will a great economist when asked once. i was on the witness stand about something whether it's fair and he said i suggest you consult a clergyman. the judge was not pleased with that answer. and i recognize that inequality of wealth is an essential feature of a market economy. a lot of observers said that. and all of that. that troubles me a lot. but my position has changed maybe because i got older, maybe because i've been here. but i think if we're going to respond to critics or liberal status who never met a tax or regulation they don't like that they have to confront the question of equity. otherwise, we will be unable to answer in a coherent way the outrages that have been generated by the government's responses. and i think some of them were essential responses to the current problems. i mean, it is true that wall street was saved and main street wasn't. now forget, i understand the argument. you have to save wall street in order to save main street
now this is a subject when i got to washington i wouldn't touch with a 10 foot pole. because as -- it was i guess will a great economist when asked once. i was on the witness stand about something whether it's fair and he said i suggest you consult a clergyman. the judge was not pleased with that answer. and i recognize that inequality of wealth is an essential feature of a market economy. a lot of observers said that. and all of that. that troubles me a lot. but my position has changed maybe...
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watch every morning on c-span just before washington journal. and at 8:30 during the program, meet the students who made them. for all of the winners, go to studentcam.org. >> he gives his thoughts on how the economic recession has forever changes capitalism in the u.s., what free market systems have to do to survive in today's global economy and what it all means for the conservative movement. from yesterday, this is about 1 hour and 20 minutes. we'll show you as much as we can under the u.s. nuclear discussion gets underway around noon eastern. >> welcome to the bradley lecture titled conservatism and the new capitalism. for many people in the free enterprise movement, these have been difficult time. over the past month and couple of years, we see government boring and spending that seem out of control. in the same of stimulus we see little else beside social engineering and pork barrel spending. more years, in the free enterprise movement we have warned that this kind of behavior leads to unintended consequences. we've shown that's the case.
watch every morning on c-span just before washington journal. and at 8:30 during the program, meet the students who made them. for all of the winners, go to studentcam.org. >> he gives his thoughts on how the economic recession has forever changes capitalism in the u.s., what free market systems have to do to survive in today's global economy and what it all means for the conservative movement. from yesterday, this is about 1 hour and 20 minutes. we'll show you as much as we can under the...
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but i think it's one that really should be directed to the ambassador who was the observer here in washington more than me. i am not in a position to really make a call if a judgment of it. one assumes that when we believe the time is right to take a decision or the decision. >> what interests and responsibilities does jordan retail in the holy places in jerusalem? >> yes, we have one of the responsibilities regarding particularly on the higher-end and this is recognized in the treaty that we also have with israel. whenever repairs, for instance, were needed to parts of the area adjacent to the heart of jordanian engineers used to be able to go in the a few years ago that we prepared. we have a presence there. as of late though, ordination with the israelis on these issues has proven to be quite difficult and we're trying to resolve them both directly and by virtue of the assistance of the united states and other countries. >> could you address further the process of democratization in jordan and the prospects for jordanians i like dean their prime minister? >> yes, this is something of cours
but i think it's one that really should be directed to the ambassador who was the observer here in washington more than me. i am not in a position to really make a call if a judgment of it. one assumes that when we believe the time is right to take a decision or the decision. >> what interests and responsibilities does jordan retail in the holy places in jerusalem? >> yes, we have one of the responsibilities regarding particularly on the higher-end and this is recognized in the...
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Apr 25, 2010
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i spent a lot of time talking to people in washington. i live in washington and i spent a lot of time talking to come you know, people in and around the officials, politicians, their staff and obviously the attitudes have begun to change. this is not ever say that although people think it is not what it was before september 2008 but is still the case that an amazing number of people think finances good, unregulated finances better completely unfettered megabanks are the best. this idea is wrong. this idea is dangerous. this idea must he stopped. how are we going to do it? while the biggest things have to become smaller. you know, people say to me, well simon, there's a lot going on. it's very complicated coming up, size doesn't matter. into which i respond really? citigroup, when it failed, and serving into liquid of the difficulties. i always forget. in fall 2008, was a $2.5 trillion think it does include the off-balance sheet liabilities had to bring back on the balance sheet, 2.5 trillion. i may ask you this, if citibank identified joi
i spent a lot of time talking to people in washington. i live in washington and i spent a lot of time talking to come you know, people in and around the officials, politicians, their staff and obviously the attitudes have begun to change. this is not ever say that although people think it is not what it was before september 2008 but is still the case that an amazing number of people think finances good, unregulated finances better completely unfettered megabanks are the best. this idea is...
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Apr 10, 2010
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on the top and says g washington. we have washington's copy of the private life of louis the 15th. it is not altogether surprising because washington wanted to read about all the sex going on. and it is a terrific tale. my argument in this book is that this literature which is enormous deserves to be taken seriously even though librarians did not necessarily stop libraries with it because they thought it was trash. trash is interesting. we need a history of trash. we should take it seriously. why? well, because in part the police of the old regime took it seriously and not just the police but louis the 15th and self. all of the ministers and mistresses and so on who were attracted dragged through the ms like this one. all of these people saw at as horrible and wanted to protect the name, but more than protecting your name and your reputation you were protecting your position and a power system. these books, the libels. here is the second. it has the same title. it is called the devil in the holy water. so i have a crib the title from this actual book which was of very important lib
on the top and says g washington. we have washington's copy of the private life of louis the 15th. it is not altogether surprising because washington wanted to read about all the sex going on. and it is a terrific tale. my argument in this book is that this literature which is enormous deserves to be taken seriously even though librarians did not necessarily stop libraries with it because they thought it was trash. trash is interesting. we need a history of trash. we should take it seriously....
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Apr 7, 2010
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i knew we were overdue for the credit crisis and i told that to the president when i came to washington by didn't expect this magnitude but it had been building up in the united states and europe and as you can see from reading the papers is still working its way through the european system that it had been building up for a long time and the institutions had been sitting on losses. we pressed them to the losses raise capital but simultaneously, we had on the same weekend we learned about the extent of aig's problems on saturday. we lehman -- the run started on lehman. merrill lynch was going to be right there so you add those three institutions and as warren said we and washington mutual shortly thereafter and wachovia and we had over the next week's six european nations have to step in and recognize so this was coming at us pretty quickly from all sides. >> it's ironic that in effect i think you talked about can't always have an appetite for deals or something but if in fact he hadn't made this deal which doesn't look like the greatest deal he offered a 70% premium on the day that the
i knew we were overdue for the credit crisis and i told that to the president when i came to washington by didn't expect this magnitude but it had been building up in the united states and europe and as you can see from reading the papers is still working its way through the european system that it had been building up for a long time and the institutions had been sitting on losses. we pressed them to the losses raise capital but simultaneously, we had on the same weekend we learned about the...
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Apr 3, 2010
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what we need is policymakers in washington is to develop a roadmap so we can get it done. >> so what i hear you say, jim, is and a sense we have lived in cities and villages for 8000 years or so, and those are primarily nonelectric. the last 100 years, which is really nothing in terms of time, we built this platform which is an amazingly efficient, but it's not particularly modern and the way that you are using it. it's not sustainable. it doesn't have that kind of things you're talking about. just let the market were, let us move in real-time, and we can take that same platform to higher and higher levels of broader performance. that his performance not only to deliver what you call universal access to electricity but also to deliver it in ways in which it is more sustainable, more environmental, and all of the other things that you put on the list. so it's a maturation process, that in what you call china time, we can get to where. the other thing we sort of lost track of how long it takes to do things. we just had this electricity for 100 years. why don't we now take the next few
what we need is policymakers in washington is to develop a roadmap so we can get it done. >> so what i hear you say, jim, is and a sense we have lived in cities and villages for 8000 years or so, and those are primarily nonelectric. the last 100 years, which is really nothing in terms of time, we built this platform which is an amazingly efficient, but it's not particularly modern and the way that you are using it. it's not sustainable. it doesn't have that kind of things you're talking...
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Apr 7, 2010
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and, so big interventions are not something-- i didn't go to washington to do that and he certainly didn't but from day one, he understood the financial markets were about our economy and jobs, so repeatedly i would be coming to him and i wouldn't have to sell him halfway through the conversation. he would lock me up and say listen hank, we will get her this. these are going to be, this is going to be politically unpopular but we are not going to let our economy go down. we will do what it takes to save jobs, save the economy and that was his point of view. and you talk about my mother. he would be telling me i need to work out, need to get more sleep. >> and terms of the other people on the political stage, seem to me that going up to the election , you probably felt that barack obama was both more knowledgeable and had more interest in what was going on in the financial crisis than john mccain. is that a fair assessment? >> let's say, it is no doubt fair that i had the conversations i had with john mccain were just as frequent as they were with barack@ "auaÃ@ had come out against it. an
and, so big interventions are not something-- i didn't go to washington to do that and he certainly didn't but from day one, he understood the financial markets were about our economy and jobs, so repeatedly i would be coming to him and i wouldn't have to sell him halfway through the conversation. he would lock me up and say listen hank, we will get her this. these are going to be, this is going to be politically unpopular but we are not going to let our economy go down. we will do what it...
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Apr 6, 2010
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it has caught the attention of people around washington of his hour reach our specific muslim nations are "kindling " who hate america and wish it america of the worst to when he made an enormous bear their purchases of the the and our national interest by carrying out the first act of the presidency a form of apology tour saying america has been derisive comment dismiss have come in america it is there again now listening to the concerns of others and america has dictated to other nations per barrel i don't think that is historically accurate we have been freeing others but i think it created the impression that our conviction and principles is wavering it is not part of that was a mistake and instead that a foreign policy consistent with the value of saugh prescribed by harry truman and the atchison is a more perfect scores of america's way forward. >> host: you say it is good for the west to be strong but then talking about some of the things that president obama has done this special with a foreign policy area seems to suggest the diminishes america as you just did the dnc issued
it has caught the attention of people around washington of his hour reach our specific muslim nations are "kindling " who hate america and wish it america of the worst to when he made an enormous bear their purchases of the the and our national interest by carrying out the first act of the presidency a form of apology tour saying america has been derisive comment dismiss have come in america it is there again now listening to the concerns of others and america has dictated to other...
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Apr 18, 2010
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normally growth is taken for granted in washington as a normal game in washington, how to divide the pie, not how to make it bigger but with the economy having suffered a deep slump and unemployment and underemployment now at punishing double-digit levels, the urgent issue is how to get people back to work again. now because this is a cyclical downturn there's talk about temporary counter cyclical policy is, we've had a huge spending splurge last year the so-called stimulus bill and now there's a flurry of activity to enact a so-called jobs bill with more spending and various targeted temporary tax incentives. much of this is wasteful foolishness while some of it at least i do a little good but there is widespread recognition in any event such counter cyclical measures don't really get to the root of the problem. because a given how we got to the current predicament there's concern about deeper structural problems with the american economy. after all our last two economic expansions turned out to to be speculative bubbles or at least degenerated into them. the tech led the boom of th
normally growth is taken for granted in washington as a normal game in washington, how to divide the pie, not how to make it bigger but with the economy having suffered a deep slump and unemployment and underemployment now at punishing double-digit levels, the urgent issue is how to get people back to work again. now because this is a cyclical downturn there's talk about temporary counter cyclical policy is, we've had a huge spending splurge last year the so-called stimulus bill and now there's...
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Apr 15, 2010
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we were fortunate in the united states we had george washington. there are very few countries in the world at a critical moment like this that have a george washington. however, with all of the difficulties in the last election the challenge we have is working with what is the recognized government of afghanistan and president karzai and finding ways to work at the local level simultaneously so that we are able to deliver this capacity out in the field of the military operations. but me -- i don't want to be labour the point but let me make some specific points. in iraq of the drawdown is on track. the troops are leaving. the plan is in place. general odierno and investor who are confident. equipment is being redeployed, significant amount to afghanistan as well as back to the united states. the election represented a tide of nationalism and secularism over secretary in partisanship which is an important development. it's not with your who was the prime minister but it is clear the people of iraq and their votes did not increase secretarianism the
we were fortunate in the united states we had george washington. there are very few countries in the world at a critical moment like this that have a george washington. however, with all of the difficulties in the last election the challenge we have is working with what is the recognized government of afghanistan and president karzai and finding ways to work at the local level simultaneously so that we are able to deliver this capacity out in the field of the military operations. but me -- i...
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Apr 4, 2010
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think of washington's letter to the hebrew congregation. we shall all set and none shall be afraid. >> host: even that sense in the declaration of independence that you cited, there's a wonderful scene of the three great drafters of the declaration, franklin, adams and jefferson doing it. jefferson was first drafted, and it was adams who endowed by the greater with certain enable right. and then jefferson had we hold these truths to be secretarsecretary of franklin road in we hold these truths to be self evident that they are doing a careful balance there. almost a ds to balance where they make reference to a creative but not necessarily to a christian god or any particular god. >> guest: fair enough. i think, you know, when i was redoing a lot of the textbooks in preparation for writing mine, i noticed that they try to -- seem to expunge any reference to god, to christianity, to the history of christianity. i like edward koren's essay, one of the great professors of princeton. is a great sense in there. he said religious liberties are the
think of washington's letter to the hebrew congregation. we shall all set and none shall be afraid. >> host: even that sense in the declaration of independence that you cited, there's a wonderful scene of the three great drafters of the declaration, franklin, adams and jefferson doing it. jefferson was first drafted, and it was adams who endowed by the greater with certain enable right. and then jefferson had we hold these truths to be secretarsecretary of franklin road in we hold these...
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Apr 28, 2010
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in my home state of washington, it has cost us over 150,000 jobs. it has cost small businesses the access to credit that they need to grow and hire. it's cost our workers their retirement accounts that they were counting on to carry them through their golden years. it cost our students their college savings that would help launch them their careers. it has cost our homeowners the value of their most important asset, as neighborhoods have be decimated by foreclosures. it's cost our school teachers, our plirvetion and our communities. it's cost young people like david corato of seattle, whose mother since he was very young would take $400 out of her paycheck and put it towards david's education fund. it was a long-term smart investment that she knew would pay off for david's future. well, when that financial crisis occurred, he lost a third of his college fund -- $10,000. it's also cost older people like edward diaz, who's also from washington state. he was not only laid off from his job of 21 years due to the recession, but he also lost $100,000 from
in my home state of washington, it has cost us over 150,000 jobs. it has cost small businesses the access to credit that they need to grow and hire. it's cost our workers their retirement accounts that they were counting on to carry them through their golden years. it cost our students their college savings that would help launch them their careers. it has cost our homeowners the value of their most important asset, as neighborhoods have be decimated by foreclosures. it's cost our school...
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Apr 10, 2010
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in the washington post story when you compare the two, all five sources in the washington post story are white house sources. when i thought about that since we now know it is felt, and gave to woodward. woodward doesn't know where he got this information. i felt with somebody in the white house. one or more of the tapes, they confirmed that. they would legitimately all be from the white house. what happened? when rose woods discovered she had erased what she thought was five minutes and later turned out to be 18-1/2 minutes i am sure she talked to her other friends in the white house and there were people, they were in the basement, they were in the io be. some of them who do all of the clearance procedures for cabinet members and white house aides and do this sort of work. we are now dealing with potential erasure and a passing comment. bob woodward is an honest person. if there are mistakes, we gave those for his own reasons. writing things up, a few minor mistakes. that could explain the bad information. last remaining question as far as the 18 minute gap, we may someday need com
in the washington post story when you compare the two, all five sources in the washington post story are white house sources. when i thought about that since we now know it is felt, and gave to woodward. woodward doesn't know where he got this information. i felt with somebody in the white house. one or more of the tapes, they confirmed that. they would legitimately all be from the white house. what happened? when rose woods discovered she had erased what she thought was five minutes and later...
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Apr 6, 2010
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what we need is policymakers in washington is to develop a roadmap so we can get it done. >> something about energy policy that you'd like to talk about on your blog? at the new you c-span video library, you can search it, watch it, clip it and share it. over 160,000 hours of video. from yesterday or 10 years ago, every c-span program since 1987. the c-span video library, cable's latest gift to america. >> we're back with governor mitt romney. he's the author of a new book, "no apology: the case for american greatness." you describe the book as a display of your positions on key issues. it's really an intellectual journey on your part. so many books that you've read, so many ideas. but not a very personal book in some ways. so just for a second let's talk about the personal. one of the things that caught my eye in the book is that your dad was born in mexico? >> guest: yeah, his parents had escaped persecution of folks of their mormon faith. and i guess it was his grandfather and parents had moved to mexico. and while there, they were enjoying a pretty good life, a accountable life. an
what we need is policymakers in washington is to develop a roadmap so we can get it done. >> something about energy policy that you'd like to talk about on your blog? at the new you c-span video library, you can search it, watch it, clip it and share it. over 160,000 hours of video. from yesterday or 10 years ago, every c-span program since 1987. the c-span video library, cable's latest gift to america. >> we're back with governor mitt romney. he's the author of a new book, "no...
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Apr 9, 2010
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falcon, when did you come to washington? >> it was in 19 -- >> yes out. >> 1989 i believe. >> 1989. mr. lockhart? >> 1989 as well. >> 1989. i am reminded of a movie which basically has a story, but then it is seen from various participants as to what they saw. so your testimony is one view of what happened, and if you were privy to the panel in front of us, decidedly, it was somewhat of a different view in terms of attitudes and relationships. i just have to say, i was there for the movie as well, and i think your version tends to have a greater degree of credibility about relationships than the one i heard earlier. to bolster this, and we are trying, i say we, staff and commissioners, are trying to work out a timeline with specific events, some of which are public, others are much more private, including e-mails between individuals, and statements from individuals, and we're going to continue to work on the veracity of it. but i eventually, mr. chairman, plan to place it in the record, to let people in a relatively brief, almost a visual way, take a look at those events. and the fi
falcon, when did you come to washington? >> it was in 19 -- >> yes out. >> 1989 i believe. >> 1989. mr. lockhart? >> 1989 as well. >> 1989. i am reminded of a movie which basically has a story, but then it is seen from various participants as to what they saw. so your testimony is one view of what happened, and if you were privy to the panel in front of us, decidedly, it was somewhat of a different view in terms of attitudes and relationships. i just have to...
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Apr 6, 2010
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just as it is very common at carnegie or the washington institute or other places to have meetings on iran where we focus on the security implications of iran or anything else in much of the rest of the world there is a very different focus though they are worried about iran too. there are other elements of this policy that we are going to get exposed to that we don't normally get exposed to and i have to deal with the broader middle east and israel's position. to the extent we're talking about iran when talking about too little too late, too little of what? one could argue that the u.s. has tried isolation of iran going back to when i started working in 1993. having tried to work on the iranian nuclear problem, this is when iran was resuming the nuclear power plant which had been stopped during the iran/iraq war and so iran had gone to germany to ask them to resume work to complete the project and the clinton administration, not the george w. bush administration, took a position to know civil nuclear program in iran. not just no enrichment, no nuclear power plant, no nothing. and the
just as it is very common at carnegie or the washington institute or other places to have meetings on iran where we focus on the security implications of iran or anything else in much of the rest of the world there is a very different focus though they are worried about iran too. there are other elements of this policy that we are going to get exposed to that we don't normally get exposed to and i have to deal with the broader middle east and israel's position. to the extent we're talking about...
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Apr 18, 2010
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the board in washington, which we think of now as the fed wasn't really what it is today. the system really wasn't set up in a way to have a central brain the way we have one now. how did it get that way? and was it fixed or changed at least as a result of what you're describing? >> guest: yeah. i mean, the fed was created in 1913. really largely as a consequence of the 1907 financial panic. and the initial plan, which was concocted by a group of bankers who met in secret -- the famous secret meetings of bankers. this one was at an island off the shore of georgia called jekyll island. and six bankers including benjamin strong met there and devised a scheme for essentially a single central bank which would be owned as a cooperative of banks. that didn't get through congress. largely because congress was very suspicious about investing so much power in one single institution. so it was changed by senator glass -- it became -- what they did was create effective six central banks in the u.s. it was 12 regional banks to act as lenders of last resort to banks in their region. an
the board in washington, which we think of now as the fed wasn't really what it is today. the system really wasn't set up in a way to have a central brain the way we have one now. how did it get that way? and was it fixed or changed at least as a result of what you're describing? >> guest: yeah. i mean, the fed was created in 1913. really largely as a consequence of the 1907 financial panic. and the initial plan, which was concocted by a group of bankers who met in secret -- the famous...
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Apr 6, 2010
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what we need is ears in washington to develop a roadmap so we can get it done. >> host: we are back with governor mitt romney. he is back with a new book, "no apology" the case for american greatness. he described the book as a display of your positions on key issues. it is really an intellectual journey on your part. so many books that you have read, so many ideas but not a very personal book in some ways, so just for a second let's talk about the personal. one of the things that caught my eye in the book is that your dad was born in mexico. >> guest: his parents had escaped persecution of folks of their mormon faith and i guess it was his grandfather who moved to mexico and while they are, they were enjoying a comfortable life and then there was the revolution and disruption in mexico, so my dad was five or six years old. they packed up, got on a training came back to el paso and ultimately move to idaho. they were in california, idaho, salt lake. from then on his dad was not terribly prosperous. his construction business, my dad worked as a laborer putting up last in plaster i think w
what we need is ears in washington to develop a roadmap so we can get it done. >> host: we are back with governor mitt romney. he is back with a new book, "no apology" the case for american greatness. he described the book as a display of your positions on key issues. it is really an intellectual journey on your part. so many books that you have read, so many ideas but not a very personal book in some ways, so just for a second let's talk about the personal. one of the things...
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Apr 16, 2010
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washington mutual. now, these are not all of the findings. but here's a few. start with the year 2004. quote, underwriting remains less than satisfactory. quote, not successful in affecting change. then in '05, quote, underwriting exceptions. evidence lack of compliance with bank policy, increasing with risk.deterioration in these long beach securitizations. now, these 2005 findings came from a report on examination which stated more broadly, quote, we remain concerned with the number of underwriting exceptions. and with issues that evidence lack of compliance with bank policy. quote, the level of deficiencies if left unchecked could erode the credit quality of the portfolio. our concerns are increased when the risk portfolio is considered including concentrations in arm a.r.m. loans to higher risk borrowers in low and limited documentation loans and loans with subprime or higher risk characteristics, closed quote. now, unfortunately the level of deficiencies were left unchecked. in those, those deficie
washington mutual. now, these are not all of the findings. but here's a few. start with the year 2004. quote, underwriting remains less than satisfactory. quote, not successful in affecting change. then in '05, quote, underwriting exceptions. evidence lack of compliance with bank policy, increasing with risk.deterioration in these long beach securitizations. now, these 2005 findings came from a report on examination which stated more broadly, quote, we remain concerned with the number of...
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Apr 3, 2010
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so many north koreans now have access to south korean dvds, some of them are in washington south korean tv if you live in the south of north korea. some of them are watching chinese tv. the government cannot persist in this lie that all the south koreans are starving to death. so the north korean regime says yes, they are better off than we are and here you can see them with their cameras and their motorcycles and so on. and a nice cars. but for all the material wealth, the south korean people are still deeply ashamed of living under the yankee yoke. and they long to rest their faces and kim jong-il's bosom as well. so here's the south koreans cheering this image of kim jong-il on the screen. this was the message the north koreans were putting across throughout south korea sunshine policy which was a accommodation policy during which the south koreans were trying to bribe the north koreans, into behaving better. this method worked pretty well for a while. they were doing their best to help the north korean government keep faith. they were doing their best to avoid provoking north korea.
so many north koreans now have access to south korean dvds, some of them are in washington south korean tv if you live in the south of north korea. some of them are watching chinese tv. the government cannot persist in this lie that all the south koreans are starving to death. so the north korean regime says yes, they are better off than we are and here you can see them with their cameras and their motorcycles and so on. and a nice cars. but for all the material wealth, the south korean people...
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and just as it's very common at carnegie for the washington and to tutor other places right now to have meetings on iran were refocused on the security inflammations overran another world. what i'm trying to suggest in much of the other road, there is a very different focus, although they're worried about iran, too. there were other elements in other parts of this policy that we're going to get exposed to at the npt in may that we don't normally get exposed to in the u.s. and not to do do with the broader middle east, israel's position there. to the extent that were talking about iran when we talk about too little too late, i would argue well, again, not argue but want to unpack too little of what? one could argue that the u.s. has tried isolation of your ram going back to at least when i started working on this which was 1993, so it's a personal failure of mine for 17 years having tried to work on the iranian nuclear problem. but people forget, this was when iran was just starting to say that it wanted to resume the bushehr nuclear power plant at its start during the iran-iraq war and
and just as it's very common at carnegie for the washington and to tutor other places right now to have meetings on iran were refocused on the security inflammations overran another world. what i'm trying to suggest in much of the other road, there is a very different focus, although they're worried about iran, too. there were other elements in other parts of this policy that we're going to get exposed to at the npt in may that we don't normally get exposed to in the u.s. and not to do do with...
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. >> it is a miracle that i am here because i was in washington d.c. a couple days ago and my publisher said why don't you try to run the storm. i drove south anyway and got the plane out. i live in tucson which is a harbor town on the south coast of south korea and i never see snow. i don't care if i never see any snow again. .. >> and i don't think you are all that interested in how many calories his kids are getting every day. you're probably more interested in what he thinks, how he sees himself, what he is teaching his kids. this is what i find it so baffling that in the united states, although we fought one war with the north koreans, losing 54,000 people in the process, and although we came close to fighting another war in 1993 and 1994, and although we've been and locked in this standoff with the north koreans, we still are not interested in what ideology they have and why they are doing all this. and in the meantime, we are so compulsively accumulating hard facts. then we wonder why we still don't understand this country. it's almost as if we
. >> it is a miracle that i am here because i was in washington d.c. a couple days ago and my publisher said why don't you try to run the storm. i drove south anyway and got the plane out. i live in tucson which is a harbor town on the south coast of south korea and i never see snow. i don't care if i never see any snow again. .. >> and i don't think you are all that interested in how many calories his kids are getting every day. you're probably more interested in what he thinks,...
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Apr 22, 2010
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the presiding officer: the senator from washington. mrs. murray: thank you, madam president. madam president, as we prepare here to consider legislation that includes some of the strongest reforms of wall street ever, i think it's important that we not lose sight of exactly what is on-line for the american people, that we will not allow complicated financial products and terminology to distract from the fact that this really is a debate about fairness, about family finances, and protecting against another economic collapse. that we remember for wall street lobbyists, this may be correct, but for the american people this is pretty simple. this is a debate about whether they can walk into a bank and sign up for a mortgage or apply for a credit card or start a retirement plan. are the rules on their side when they do that or are they with the big banks on wall street? well, madam president, for far too long, the financial rules was road -- rules of the road have favored big banks and credit card companies and wall street. and for far too long, they have abused those rules. wheth
the presiding officer: the senator from washington. mrs. murray: thank you, madam president. madam president, as we prepare here to consider legislation that includes some of the strongest reforms of wall street ever, i think it's important that we not lose sight of exactly what is on-line for the american people, that we will not allow complicated financial products and terminology to distract from the fact that this really is a debate about fairness, about family finances, and protecting...
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Apr 12, 2010
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in a city like washington, d.c. write used to live, the population expanding is ever-growing rate, one because of expansion and because of the private businesses in the suburbs, northern virginia and maryland. in an area like washington, d.c., for example, they are expanding the metro. out in northern virginia and then they are expanding the metro in the maryland suburbs. from what i gathered you would be against that due to your idea that public transportation has not yet paid for itself? >> it's a fact. public transportation in general -- now, there is one i will say that has really done a fine job when it comes to public transportation. if i may say this, this isn't technically public transit, amtrak which has been federally subsidized. it too is not doing very well but the route from d.c. to new york is doing quite fine because, a, it's -- it's not a, heavily federally subsidized and more privately owned by amtrak and b, because people use it. >> my thought with eminent domain, my thought on eminent domain. do y
in a city like washington, d.c. write used to live, the population expanding is ever-growing rate, one because of expansion and because of the private businesses in the suburbs, northern virginia and maryland. in an area like washington, d.c., for example, they are expanding the metro. out in northern virginia and then they are expanding the metro in the maryland suburbs. from what i gathered you would be against that due to your idea that public transportation has not yet paid for itself?...
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Apr 11, 2010
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we know that the cost of the war is sinking everybody and we are looking at the cost of war here in washington state we've paid 22 billion already for iraq and afghanistan. what is the conversation in india about the cost of war? india is among the top five in porter's of armament. how are people -- are the people they're able to push back at all and what is that conversation about the cost of the war and empire and armament? >> it's a jury good question, and one of the huge holes in what we haven't talked about today is the war in cashmere that india has been waiting in some ways since 1948, but very explicitly since 1989 where the u.s. has 180,000 troops in iraq india has more than half a million troops in kashmir. and armed soldier for every 20 civilians. and, you know, i often say there's so much criticism of the u.s. and the u.s. government policies and foreign policy and very often people omit to make a distinction between people and their governments and maybe in the democracies eletes are fused with the government but then there are obviously people who totally disagree with with the g
we know that the cost of the war is sinking everybody and we are looking at the cost of war here in washington state we've paid 22 billion already for iraq and afghanistan. what is the conversation in india about the cost of war? india is among the top five in porter's of armament. how are people -- are the people they're able to push back at all and what is that conversation about the cost of the war and empire and armament? >> it's a jury good question, and one of the huge holes in what...
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Apr 25, 2010
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wouldn't even be in washington. would be in the federal reserve bank of new york and they knew if they could put a morgan guy in charge of that they would control it and that is exactly what they did. in 1913 early in the year jpmorgan-- later in the year woodrow wilson signed into law the federal reserve act of the united states, 1913. and in the process of doing it, he thinks he is taking away the power of wall street, but he is not. do you know what he is taking away? the responsibility. they knew it. wilson didn't. what they would walk away with is the power and what the federal government would walk away with is the responsibility, and you have to hand it to the guys. it was a brilliant plan and they pulled it off. whether it was good for the united states, i said this three years ago people would say how could he be possibly against the federal reserve and people today are beginning to rethink that especially the whole alleviation of responsibility. it is being alleviated at every culture by the way. not just
wouldn't even be in washington. would be in the federal reserve bank of new york and they knew if they could put a morgan guy in charge of that they would control it and that is exactly what they did. in 1913 early in the year jpmorgan-- later in the year woodrow wilson signed into law the federal reserve act of the united states, 1913. and in the process of doing it, he thinks he is taking away the power of wall street, but he is not. do you know what he is taking away? the responsibility....
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Apr 14, 2010
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washington mutual was excluded from most meetings and they think it is just inexplicable that washington mutual gets quickly seized and within a matter of just a few days all of these other managers that gave the lifeblood to the rest of the energy-- industry took place and i think those are unfair things than i wanted to speak about that on behalf of my fellow and past employees and investors who i think were harmed as a result of that. >> do you think wall street banks were given preference by the regulator's? >> well, i am looking in hindsight, if you look at the position we were in and we made a decision to overnight, instantly give wall street banks access to becoming bank holding companies have access to the feds for liquidity. we quickly passed the various legislation that increased the fdic insurance limited 250,000 that had the fdic guaranteed bank debt. that would have would have been huge for washington mutual. they injected the t.a.r.p. money across the board. there were many thanks particularly wall street banks that liquidity was a major issue for them and they were saved b
washington mutual was excluded from most meetings and they think it is just inexplicable that washington mutual gets quickly seized and within a matter of just a few days all of these other managers that gave the lifeblood to the rest of the energy-- industry took place and i think those are unfair things than i wanted to speak about that on behalf of my fellow and past employees and investors who i think were harmed as a result of that. >> do you think wall street banks were given...
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Apr 11, 2010
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here in washington state we have paid 22 billion already for iraq, and afghanistan. when is the conversation about any about the cost of war? india is among the top five importers of armaments. how are people, are people that are able to push back at all? and what is that conversation about the cost of war and empire and armaments? >> well, it's a very good question, and one of the huge holes in what we haven't talked about today is the war in kashmir that india has been waging well in some way since 1948, but very explicitly cents 1989. where the u.s. has 180,000 troops in iraq, india has more than half a million troops in kashmir. an armed soldier for every 20 civilians. and and, you know, i often say that there is so much, you know, there is so much criticism of the u.s. and the u.s. government's policy and u.s. foreign policy and very often people omit to make a distinction between people and their governments. maybe and democracies, the elite are sort of future with the government, but then there are, you know, there are obviously people who totally disagree wit
here in washington state we have paid 22 billion already for iraq, and afghanistan. when is the conversation about any about the cost of war? india is among the top five importers of armaments. how are people, are people that are able to push back at all? and what is that conversation about the cost of war and empire and armaments? >> well, it's a very good question, and one of the huge holes in what we haven't talked about today is the war in kashmir that india has been waging well in...